Buy-here, pay-here operators who need recommendations on improving deal jacket compliance, securing more money from customers’ tax refunds and details of a significant accounting change — and who want all of this information for a discounted price — need to take action before the end of the week.
The National Alliance of Buy-Here, Pay-Here Dealers said early bird discounts on registration and hotel accommodations for its fall conference where experts plan to share best practices about those topics and more will expire on Friday.
Operators can save hundreds of dollars depending on how many attendees from their store come to the BHPH Conference to be held Nov. 1-3 at the Rosen Shingle Creek Resort in Orlando, Fla. Special room rates of $199 per night expire at the close of the week, too.
The program includes several of the nation’s leading attorneys, experts and successful operators who will share their tips and techniques to help attendees succeed in a highly competitive subprime market. The conference opens with a first-time attendee reception at 2 p.m. ET on Nov. 1.
The dual-track workshop, scheduled on the opening afternoon and then the following morning, will feature sessions that showcase new technology, including the latest dealer management software releases, the latest payment device technology and other products and services that increase profits through operating efficiency.
The compliance tracks will include vendor management responsibilities, add-on product compliance and becoming deal documentation compliant.
An accounting and tax "new developments" workshop will discuss new accounting credit loss measurement requirements, which will significantly impact all BHPH operators who carry finance receivables.
Other sessions include lease-here, pay-here as an alternative business model, Internet and social media tips to gain market share, capital solutions and ways to maximize recoveries.
“These workshops will not be infomercials, and will contain important information for operators to compete successfully today,” NABD president and founder Ken Shilson said.
During the second half of the conference, the dual tracks combine into general education sessions featuring a keynote presentation by Harris Rosen, who built a hotel empire with minimal start-up capital. Other general sessions will cover:
—Current developments update discussion
—Benchmarks and trends update
—Improving customer communications and relationships
—Operating best practices for challenging times
—Ways to protect your operation
—Avoiding collection mistakes
The exhibit hall will include all the newest products and services that increase profits and cash flow. The receptions, as well as breakfast and a luncheon with the exhibitors, are designed to allow attendees to network with other operators, experts and exhibitors.
The Rosen Shingle Creek Resort is located near Universal Drive and many of the newest attractions. Shuttle service is available to Disney properties and to Universal Studios.
To register, call NABD at (832) 767-4759 or go online to .